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ACI

3I0-012 · Question #516

What recommendation does the Model Code make in cases of market disruption?

The correct answer is A. Market participants should strictly adhere to the rules issued by local regulators, supervisors or central. See the full explanation below for the reasoning.

Question

What recommendation does the Model Code make in cases of market disruption?

Options

  • AMarket participants should strictly adhere to the rules issued by local regulators, supervisors or central
  • BEven if local provisions are in place, market participants should only adhere to the ACI best practices
  • CParticipants must at all times adhere to the rules issued by local regulators, supervisors or central banks
  • DParties may unilaterally decide whether they wish to adhere to the terms of the agreement or to amend

How the community answered

(15 responses)
  • A
    80% (12)
  • B
    13% (2)
  • C
    7% (1)

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Full 3I0-012 Practice